Republican and Democratic senators have reached a deal on a roughly $2 trillion stimulus package to stem the economic damage from the coronavirus outbreak.
WASHINGTON – President Donald Trump, Vice President Mike Pence, senior administration officials and lawmakers would be prohibited from getting federal aid for any of their business interests under, according to a summary of the plan released by Senate Minority Leader Chuck Schumer, D-N.Y.
The plan would"prohibit businesses controlled by the President, Vice President, Members of Congress, and heads of Executive Departments from receiving loans or investments from Treasury programs," according to the summary from Schumer's office.
Trump's business interests have long drawn scrutiny. After his election in 2016, Trump set a presidential precedent by refusing to divest from his business interests.During round-the-clock negotiations on Capitol Hill in recent days, Trump has struck an equivocal note about his business interests could – or should – potentially benefit from the legislation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korea Says Donald Trump Sent Kim Jong Un a Letter Offering Coronavirus Aid: ReportAccording to The New York Times, North Korean officials announced some details of the letter via the country's state-run Korean Central News Agency
Read more »
Fox News To Hold “Virtual” Town Hall With Donald Trump, WH Coronavirus TeamPresident Donald Trump and members of his coronavirus task force will headline a two-hour “virtual” Fox News town hall on Tuesday afternoon. The event will be co-anchored by Harris Faul…
Read more »
Coronavirus Could Create Play for Donald Trump to Delay Presidential ElectionProfessor Michael Gerhardt says Trump does NOT have the power to postpone the election if the coronavirus is still out of control come Fall.
Read more »
Donald Trump sees best approval rating for three years amid coronavirus pandemicDespite criticism over the Trump administration's response to the COVID-19 outbreak, Americans' views of the president are improving.
Read more »
Parker: Trump incredibly frustrated coronavirus has economy shut down.AshleyRParker: 'You are seeing a real eagerness by this president to jumpstart the economy and that is being tempered by just about every medical professional, public health official, and scientist inside and outside the White House.'
Read more »
First lady Melania Trump tests negative for coronavirus, White House saysFirst lady Melania Trump tested negative for coronavirus, White House press secretary Stephanie Grisham told CNN Monday.
Read more »